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3Novices:Let us help decide which overseas deals are “rational”, says China Everbright boss

Industry insiders should help regulators assess overseas deals to avoid reasonable cases being blocked, according to the head of China Everbright.
Amid a sharp devaluation of the yuan and greater capital outflows last year, Chinese regulators have issued new policies to try to control what they called “irrational” outbound investment, particularly cross-border merger and acquisition (M&A) deals.
In December, authorities including the Ministry of Commerce, the National…
August 10, 2017 at 04:11PM http://ift.tt/2vRA3ep
#3Novices #News #OnlineMedia #China 3Novices China

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